LPL Financial Welcomes McAnally Investment Group
LPL Financial welcomes Mark, Josh, and Brandon McAnally, along with Carlin Crowe, to their broker-dealer, RIA, and custodial platforms. The McAnally Investment Group, based in Booneville, Miss., brings approximately $250 million in assets from Wells Fargo Advisors. The family-run business emphasizes personalized wealth management and financial services, focusing on long-term client relationships and independence. LPL's commitment to advisor autonomy and client-centric approach attracted the team, allowing them to expand services and cater to evolving client needs.
03/20/2024 - 09:00 AM
SAN DIEGO, March 20, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC $250 million in advisory, brokerage and retirement plan assets* and joins LPL from Wells Fargo Advisors.
Based in Booneville, Miss., McAnally Investment Group is a family-run business led by Mark, who began his career in 2000 as a solo practitioner. The practice evolved over the years to include Josh and Brandon, who left careers in real estate and accounting, respectively, to join their father and expand the firm’s offering. They are assisted by Operations Manager Carlin Crowe. Together, they provide personalized wealth management and financial services for each stage of their clients’ lives.
“I started my career with the hopes of building a family business, and my dream has become a reality as we embark on this partnership,” Mark said. “As a team and family practice, we take a comprehensive, long-term approach to investment planning and portfolio management to help clients create and preserve their wealth for today and future generations.”
In recent years, the team recognized a shift in the industry as more advisors started going independent. Their due diligence process led them to LPL.
“After 24 years of changes from the wirehouses, it became evident that independence is a business necessity,” Mark said. “We appreciate LPL’s commitment to putting advisors and the client relationship front and center. We now have autonomy and flexibility to build a practice to serve all our clients’ evolving needs, with no limitations or required minimums.”
Mark added that it was important to partner with a firm that finds merit in Brandon’s prior CPA certification and experience in taxation.
“Working with an independent partner will allow us to enhance our relationships with clients and build a practice that truly puts their best interests first,” Mark said. “The beauty of being in a small community is our clients are like family. We have very close relationships with them, and this move will give us more options, more flexibility and more personalized services to support their growing needs.”
Scott Posner, LPL Executive Vice President, Business Development, said, “It is a pleasure to welcome Mark, Josh, Brandon and Carlin to the LPL community. We’re honored this family team turned to LPL as they seek new ways to elevate service experiences and build their ideal practice. At LPL, we remain steadfast in our commitment to being a long-term partner by delivering a sophisticated wealth management platform and robust business tools designed to help advisors differentiate their practice and be successful serving the needs of their clients. We congratulate the McAnallys on the move to independence and look forward to a long-lasting relationship with the entire team.”
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Securities and Advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. McAnally Investment Group and LPL Financial are separate entities. LPL Financial does not offer tax advice or tax related services.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the "Investor Relations " or "Press Releases " section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2023.
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Tracking #555078
Who are the advisors joining LPL Financial ?
Mark, Josh, and Brandon McAnally, along with Carlin Crowe, have joined LPL Financial's platforms.
What is the approximate value of assets brought by the McAnally Investment Group?
The team brings approximately $250 million in advisory, brokerage, and retirement plan assets from Wells Fargo Advisors.
Where is the McAnally Investment Group based?
The group is based in Booneville, Miss.
Why did the McAnallys choose to join LPL Financial?
The team recognized the industry shift towards independence and valued LPL's commitment to advisor autonomy and client relationships.
What approach does the McAnally Investment Group take towards investment planning?
The group takes a comprehensive, long-term approach to investment planning and portfolio management to help clients create and preserve wealth.
